The tables have turned. Now it's called FEDERALIZATION.
"I'm the bad guy? How did that happen?
Posted on 08/21/2010 11:23:35 AM PDT by Comrade Brother Abu Bubba
THIS IS WHY THERE ARE NO JOBS IN AMERICA by Porter Stansberry
I'd like to make you a business offer.
Seriously. This is a real offer. In fact, you really can't turn me down, as you'll come to understand in a moment…
Here's the deal. You're going to start a business or expand the one you've got now. It doesn't really matter what you do or what you're going to do. I'll partner with you no matter what business you're in – as long as it's legal. But I can't give you any capital – you have to come up with that on your own. I won't give you any labor – that's definitely up to you. What I will do, however, is demand you follow all sorts of rules about what products and services you can offer, how much (and how often) you pay your employees, and where and when you're allowed to operate your business. That's my role in the affair: to tell you what to do.
Now in return for my rules, I'm going to take roughly half of whatever you make in the business each year. Half seems fair, doesn't it? I think so. Of course, that's half of your profits.
You're also going to have to pay me about 12% of whatever you decide to pay your employees because you've got to cover my expenses for promulgating all of the rules about who you can employ, when, where, and how. Come on, you're my partner. It's only "fair."
Now… after you've put your hard-earned savings at risk to start this business, and after you've worked hard at it for a few decades (paying me my 50% or a bit more along the way each year), you might decide you'd like to cash out – to finally live the good life.
Whether or not this is "fair" – some people never can afford to retire – is a different argument. As your partner, I'm happy for you to sell whenever you'd like… because our agreement says, if you sell, you have to pay me an additional 20% of whatever the capitalized value of the business is at that time.
I know… I know… you put up all the original capital. You took all the risks. You put in all of the labor. That's all true. But I've done my part, too. I've collected 50% of the profits each year. And I've always come up with more rules for you to follow each year. Therefore, I deserve another, final 20% slice of the business.
Oh… and one more thing…
Even after you've sold the business and paid all of my fees… I'd recommend buying lots of life insurance. You see, even after you've been retired for years, when you die, you'll have to pay me 50% of whatever your estate is worth.
After all, I've got lots of partners and not all of them are as successful as you and your family. We don't think it's "fair" for your kids to have such a big advantage. But if you buy enough life insurance, you can finance this expense for your children.
All in all, if you're a very successful entrepreneur… if you're one of the rare, lucky, and hard-working people who can create a new company, employ lots of people, and satisfy the public… you'll end up paying me more than 75% of your income over your life. Thanks so much.
I'm sure you'll think my offer is reasonable and happily partner with me… but it doesn't really matter how you feel about it because if you ever try to stiff me – or cheat me on any of my fees or rules – I'll break down your door in the middle of the night, threaten you and your family with heavy, automatic weapons, and throw you in jail.
That's how civil society is supposed to work, right? This is Amerika, isn't it?
That's the offer Amerika gives its entrepreneurs. And the idiots in Washington wonder why there are no new jobs…
Regards,
Porter Stansberry
Beer to buildings, airports to biotech: foreigners are buying US assets on the cheap. It matters more than you think
http://www.time.com/time/magazine/article/0,9171,1832861,00.html
If I go back in business before I assume room temperature, I think I'll be going with my old partners who are supposedly known criminals but who paid out more than casinos do and only kept twenty percent in the middle. Regards
The tables have turned. Now it's called FEDERALIZATION.
"I'm the bad guy? How did that happen?
The liberal dem unemployeed professional beggars problem
“We” didn’t send jobs to China, they were forced there by OSHA, the Labor Relations Board, The Equal Opportunitis laws, forced workman’s comp, sleazy trial lawyers, EPA regulations, high taxes, regulations, minimum wages, and a slew of other government imposed conditions, made soley by the people voted into power by “Us.”
You have to ask yourself how bad we have made business conditions in this country when companies prefer to risk nationalization in communist countries, build entirely new factories from scratch, and ship things around the world rather than having to play by our rules.
Doesn’t much matter how they got there.
We need them back.
This is no longer a philosophical argument. Our nation is at risk. Right now. More every day.
Just look at the news. Think about how it relates, in almost every way - to us allowing our national strength, power and technical capabilites to evaporate.
We have been conned by “free trade”. It was not, is not, and never has been good for America.
Time to end it.
This does not make any sense. Who are those "we" who "send" jobs to China?
If you stand on principle, and don't want outsourcing, then you should not want in-sourcing as well. About 13% of all capital in America is owned by the Brits. Have you ever thought what would happen if we prohibited in- and out-sourcing?
Also, on what grounds are you dictating to me that I should buy an American car and feed an American unionist worker only because he wants to continue making $50,000 per year at age 20? How is that fair? Why should I not be able to buy a cheaper car of the same quality?
I’m most certainly not standing on principle.
I am standing on the fact our nation is collapsing.
Forget principle. Protect AMERICA.
>>We’re long past some pretend make-believe about Atlas Shrugged<<
We’re living it.
You’re right, there is no Galt’s Gultch. But I’m not going to simply say that WE shipped jobs overseas. No one did. They went all by themselves by the restrictions and selfish Unions here.
There is the enemy within that has nothing to do with “We the People”. They are “Them the Power hungry and Them the Social Engineers”
So what are YOU going to do about it?
I believe it does matter how they got there becuase that will show us the way to get them back. Laws, tarrifs, and other command economy tools are not the way to accomplish our goals.
Ending our ability to buy and sell as we wish will not bring those jobs back to America, it will simply kill the jobs in China and lower our standard of living here in the states. Companies didn’t go oversees on a lark, they went there to be more profitable. If you try to force production back into the US under the current rules, companies will simply trim back (and raise prices) until they are profitable again, or go out of business. Either way it means less jobs and less purchasing power for Americans.
To bring our jobs back home we have to make our country competetive again. This means low taxes, less regulation, and reasonable security that the govenrment won’t target you for takeover (a la GM).
“... There is the enemy within that has nothing to do with “We the People”. They are “Them the Power hungry and Them the Social Engineers”;
-
You neglect to mention, those who *fired* all those millions of Americans and shipped their jobs out of the country - not only eliminating jobs, but also WAGES and demolishing our balance of trade.
Those who fired all those millions of American. Are every bit the enemy within, as meddlesome bureacrats. Perhaps more.
Yet “our side” is willfully blind to this. It’s like trying to point out to liberals, that Obama is a slimeball.
Except our side, is supposed to be patriotic. Intelligent. We’re the ones who understand. Yet, there’s this huge blind spot about this issue, of international “trade” - which isn’t even trade, because it’s mostly one-way.
It’s like group hypnosis, really it’s almost like liberalism, that way. Refusing to see, what is in plain sight.
Because they’ve been told, it’s what “our side” should believe.
Well. This person on our side, believes in America.
Forget all the rest!
That's just the point. I worked in manufacturing management for years. The hoops we were forced to jump through to satisfy government agency's demands were almost insurmountable. It's much easier, and more profiable, to shut down a US plant and buy the product from your former competitors in Asia and continue to sell it to your customers.
It is almost impossible to open and operate a manufacturing plant in the US, follow all the government mandates and regulations, pay your taxes, provide decent pay and benefits to your workers and make a profit. It is almost impossible to do it and break even.
If you know a way to do it my hat's off to you. I sure can't figure it out.
One more thing: The entire time, I (the govt) will denigrate you as an evil rich b@st@rd who is exploiting your employees and the “poor.”
This needs to be made into a short movie and put on youtube.
“Doesn’t much matter how they got there.”
Um, if we don’t know how they got there, we won’t know how to get them back, in your words “end it.” That’s exactly like trying to fight jihad without understanding the koran...
Wow! And this comes from a conservative?
America is in danger precisely because we forgot our principles.
And you too: you show no understanding of how jobs are created and what drives them in or out of the country. Like most of your fellow travelers, you merely want to be subsidized by the rest of the country -- that what your "protection" of America amounts to.
Instead of slogans, you could benefit from studying the issue first before coming to a conclusion, whatever that conclusion may be.
“If you know a way to do it my hat’s off to you. I sure can’t figure it out.”
When you have a machine or system that doesn’t work, or works against you; it’s time to replace the machine.
You may try to fix it it. But the machine/system via centuries of use has become so clogged up with the dirt of self-preservation that it is unfixable.
The machine/system is now completely alien to its original blueprint.
The machine corrupts all that come in contact with it it.
Its time to dispose of that macine and go back to the original blueprint.
Right out of the book Atlas Shrugged. Excecpt it’s real.
No, we CHASED all our jobs away... Nothing was given away, they were forced away. Re-read the story, you'll get it...
CNN (a rather apt title, methinks), have you ever actually STARTED, OWNED and RUN a business, and employed people? Ever built product for export, imported other products?
It’s not “free trade” that we have; we have HIGHLY MANAGED trade and always have. The Government is amazingly involved in making sure it gets its full cut of whatever you ship in or out, and making sure it can decide when and even IF what you want to send can be sent.
What we need is less intrusive Government and ACTUAL free trade. We haven’t had it (just poor facsimiles thereof), but those nations that have are doing just fine.
The US would maintain its role as the biggest economy and manufacturer IF the Government would take its boot of the throat of business. Until that happens, though, don’t be surprised when more and more wealth and businesses move overseas.
Entrepreneurs will always create businesses and wealth; it’s what we do, it’s how we’re wired. And we’ll move to wherever we can successfully do that. Laws restricting business creation and growth - and that includes your beloved tariffs and import restrictions - will only ensure a continued flight of the capital and best and brightest from the US.
sfl
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.